Sunday, 7 June 2015

Head of Credit

Job Details

SMEP
Microfinance Bank Limited, a Christian based bank regulated by the
Central Bank of Kenya, invites applications from interested and suitably
qualified candidates to fill the position of:

Head of Credit

Ref: HOC/3/5/HRD/2015The
position is responsible for protecting the company’s finances by
ensuring prudent credit policies and procedures are in place to
efficiently and effectively mitigate risk by controlling credit and
managing the debts owed by customers to ensure profitability.

The job may involve lots of travel within the country and requires a flexible person.

Duties and Responsibilities
Reporting to the CEO the successful candidate will be expected to handle the following: -

Developing credit
products through the evaluation of customer needs and activities in
liaison with the Operations / business development department

Undertake risk
management through monitoring and administration of credit performance
through reports and returns from the branch network

Develop and maintain
business relationships with key customers and stakeholders in order to
maintain and create business opportunities and help in monitoring
customers’ credit rating with banks and credit reference agencies

Providing support to the branches on credit matters

Responsible for ensuring a strong portfolio quality and control of the credit book

Responsible for credit administration by setting terms of credit and ensure timely repayment by customers

Manage a team of credit analysts or accounting technicians

Negotiate repayment plans and discontinue credit to late-paying business customers

Responsible for
initiating legal action to recover debts if necessary and dealing with
cases of insolvency – meeting other creditors, arranging for goods to be
recovered, or arranging for a liquidator to sell off a defaulter’s
assets.

Perform any other function/duty as may be assigned/directed by management from time to time

Qualifications and Competencies

Masters degree in Business Administration /Finance/Economics

Postgraduate qualification in credit management or a BTEC National Diploma or HND or credit

Member of AKIB and AICM

Have 5 years relevant
work experience 3 of which in a similar position preferably in a
financial environment. Hands on experience with T24 emerge is an added
advantage

Be aged between 35 – 45 years

Applicants must be committed Christians

Other Key Skills

Posses strong analytical and numeracy skills,

experience in credit control and a working knowledge of credit law,

ability to assess risk, excellent written and communication skills,

a team player with demonstrable managerial, organization and interpersonal skills including ICT skills.

Qualified and interested candidates who meet the above criteria should CLICK HERE to download the “SMEP Job Application Form” and send their filled applications to recruitment@smep.co.ke on or before 30th May, 2015.